Get ready for Oscars 2015: Date, producers announced

Kristyn Burtt is an IAWTV award-winning host and entertainment reporter. She currently hosts the recap shows for "Dancing With the Stars" and "So You Think You Can Dance" on AfterBuzz TV and for "True Blood" on GeekNation.

Academy president, Cheryl Boone Isaacs, said in a statement, "We couldn't be more thrilled to have Craig and Neil back to produce the Oscars again in 2015. Their showmanship has elevated the show to new heights and we are excited to keep the momentum going with this creative partnership."

The duo found great success in their first year in 2013 with host Seth MacFarlane. While he was a bit of a controversial choice to helm the show, ratings were up significantly. This year's host, Ellen DeGeneres, bested McFarlane's ratings. She had the highest ratings in the last decade, as well as the most retweeted selfie in Twitter history.

Meron and Zadan shared the same excitement as Isaacs regarding their return to the Dolby Theatre in Hollywood. They said, "We are delighted to work with Cheryl… and the Academy to produce the Oscars for a third time. We're proud of the show's success over the last two years and are eager to embark on another entertaining show to honor this year's motion pictures."

The two producers have had a prolific year, with November's telecast of The Sound of Music Live! starring Carrie Underwood and, later this year, Peter Pan. They are also well-known for the TV show, Smash, and the movie musicals of Chicago and Hairspray.